71% of Institutional Investors Not Interested in Crypto in 2025: JPMorgan

Global financial services company JPMorgan Chase’s latest survey has found that 71% of institutional investors remain uninterested in engaging with the crypto market this year. The financial giant’s report brings attention to the continued doubts surrounding the digital asset space despite its ongoing growth and increasing mainstream adoption.

While the crypto market has seen a surge in institutional participation over the past few years, with major financial institutions and asset managers exploring digital assets as a new investment class, the JPMorgan survey suggests that institutional interest is still relatively lukewarm. The latest analysis comes as the crypto market struggles with price swings and several industry activities.

According to the Wall Street giant, the result disclosed that the percentage decreased from 78% in 2024 to 71% in 2025. The survey also revealed that 16% of respondents planned to trade crypto this year, while 13% confirmed they were already engaging in crypto trading—both figures showing an increase compared to 2024.

Additionally, 100% of the annual trading poll participants noted that they intend to boost their online or e-trading activities, particularly for less liquid assets.

The survey also highlighted that digital assets are still viewed as highly speculative and too risky for most institutional portfolios, especially when compared to more traditional assets like stocks, bonds, and real estate. Among those who are hesitant to invest, concerns about regulation, security, and volatility topped the list of reasons for the reluctance.

A Cautious Approach to Crypto Investments

Despite an improving regulatory system for digital assets in the United States following a shakeup at major financial agencies under the Trump administration, there appears to be a lack of interest in crypto trading. Nonetheless, according to respondents, inconsistent regulations across countries and rising scrutiny from global regulators, such as the United States Securities and Exchange Commission (SEC), have contributed to a more cautious approach.

In line with regulatory framework adjustments, Eddie Wen, global head of digital markets at JPMorgan, told Bloomberg that recent headlines indicate that the new administration backs the market. Additionally, recent changes have reduced the barriers for members of the traditional banking community to enter the crypto space.

Inflation & Tariff As Major Setback

According to the participants, inflation and tariffs would have the greatest effect on markets in 2025, followed by rising geopolitical tensions. Furthermore, 41% of respondents identified market volatility as their top trading challenge, an increase from 28% the previous year.

JPMorgan’s survey, conducted with 4,200 of its clients in 60 locations globally, revealed that despite increasing discussions about crypto’s potential for diversification and as a hedge against inflation, the majority remain wary of its role in the financial ecosystem.